Since the two-pot retirement system took effect in September, the Government Employees Pension Fund has received almost 400 000 applications for savings pot withdrawals. The applications amounted to R10, 6 billion. Thus far (as of November 2024), the pension fund has paid out 361 000 claims. Our next guest will discuss how the continent’s largest retirement fund has navigated the past three months and what government employees need to know when making a withdrawal from your savings pot. We are joined by….
Guest: Meiring Coetzee - Chief Information Officer at the Government Pension Administration Agency